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Question About ICG-Slabbed Coins

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Archraz's Avatar
United States
3499 Posts
 Posted 08/08/2016  9:43 pm Show Profile   Bookmark this topic Add Archraz to your friends list Get a Link to this Message Number of Subscribers
Hi everyone, I have a question about the reputation of ICG. I know that you should always "buy the coin, not the slab," but how fares the reputation of ICG nowadays? I know that they are a not as recognized as PCGS and NGC. But are ICG slabs considered accurate by most collectors? Thanks!
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mailman28's Avatar
United States
416 Posts
 Posted 08/09/2016  5:41 pm  Show Profile   Bookmark this reply Add mailman28 to your friends list Get a Link to this Reply
Most would consider 2nd tier (along with anacs) to the big two but reputable grader none the less. Not a basement slabbed by any means.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/09/2016  6:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
ANACS is certainly second-tier, but I don't think ICG has even that good a rep.
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Slider_Unc's Avatar
United States
10 Posts
 Posted 08/09/2016  7:35 pm  Show Profile   Bookmark this reply Add Slider_Unc to your friends list Get a Link to this Reply
You hit the nail on the head as far as buy the coin not the slab. I have some ICG slabbed coins, most are over graded in MY opinion, but the coins are nice and I got the coins for what I was willing to pay.
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BStrauss3's Avatar
United States
4592 Posts
 Posted 08/09/2016  8:51 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
ICG = I Can't Grade
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Saruma's Avatar
United States
968 Posts
 Posted 08/10/2016  6:16 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
How is ICG for authentication purposes? Meaning if I saw a coin that looked like it was a reasonable price for the grade I think it is, regardless of what ICG says, can I feel confident it is the real deal, not a counterfeit?
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/10/2016  6:20 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Personally, I wouldn't.
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United States
1191 Posts
 Posted 08/10/2016  7:08 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I've heard they grade some coins more accurately than others. For example I've heard they are terrible at grading Lincoln cents. With that said if I saw a nice coin at a raw price I'd buy it in an ICG slab. I would certainly not pay NGC/PCGS prices though (for example if the coin was ICG 66 I'd likely consider it a 64 at best in a PCGS or NGC holder).
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Archraz's Avatar
United States
3499 Posts
 Posted 08/10/2016  8:53 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
Out of curiosity, are they known for doing a good job authenticating or grading ancients?
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Bryan78's Avatar
United States
1068 Posts
 Posted 08/10/2016  9:01 pm  Show Profile   Bookmark this reply Add Bryan78 to your friends list Get a Link to this Reply
If you can get a good deal, I say pick it up as you can always take it out of the slab and resubmit it to NGC/PCGS for grading...
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Chute72's Avatar
United States
1314 Posts
 Posted 08/11/2016  3:35 pm  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
I've found ICG to be very good and ANACS top notch for my purposes. But my plan does not include resale, for that NGC and PCGS are the route.
However, if you are interested in the coin and not the holder, buy the coin and not the holder. You will learn to grade like an expert in the field of your interest.
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